Corporate law,Incorporation of a Company,One person company,Private limited company
Which type of company will be best suited ?
I wish to register a company in India. Which type of company will be best suited for me?
By  Devang Yadav  |  20 May 2016  |  Upvotes: 0  | 

1 Answer(s)

Rashi Gahlaut
Advocate

The choice of the entity depends on the circumstances of the case.Private Limited Company has lesser legal compliances.It is relatively less cumbersome to incorporate, organize and operate a Private Limited Company as it has been exempted from many regulations and restrictions to which public limited company is subjected to.There is no requirement of raising finance through public issue in case of Private Limited Company.If limited capital is available, scale of operation is relatively low and ownership is intended to be held by limited people, then Private limited company is the best choice.

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